SNB meaning in Banking ?

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What is Swiss National Bank mean?

The Swiss National Bank (SNB; German: Schweizerische Nationalbank, French: Banque nationale suisse, Italian: Banca nazionale svizzera and Romansh: Banca naziunala svizra) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking economic developments into consideration.

The SNB is an Aktiengesellschaft under special regulations and has two head offices, one in Bern and the other in Zurich.

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Posted on 15 Oct 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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